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Sign in Sign up for a FREE subscriptionGRESB announces majority investment from General Atlantic’s BeyondNetZero Fund
GRESB has received a majority investment from General Atlantic, a global growth equity firm, through the firm’s BeyondNetZero climate growth fund. General Atlantic will acquire its stake from existing shareholder Summit Partners, which will retain a minority position in GRESB after close of the transaction. GRESB intends to partner with General Atlantic to support its next phase of growth through strategic expansion and product innovation and to accelerate impact across financial markets.
“GRESB looks forward to contributing to BeyondNetZero’s vision for climate action powered by technology, innovation, and entrepreneurship,” said Sebastien Roussotte, CEO, GRESB. “This vision underpins GRESB’s industry-led approach to creating global standards that increase market transparency and accelerate the clean energy transition.”
Rhea Hamilton, managing director at General Atlantic’s BeyondNetZero, added, “GRESB has established itself as the industry standard